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Virtus Investment Partners VRTS Institutional accounts — Revenue

Other product segments

Open-end funds
$61.47M-12.7%
Retail separate accounts
$42.68M-17.6%
Closed-end funds
$28.82M+93.6%

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PRIAccount Based Revenues — Revenue
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SAMGManaged Accounts — Revenue
$29.36M+0.1%

Other financials

Income statement

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Revenue$201.4M-4.4%
Operating income$27.3M-39.6%
Net income$44.6M+4.4%
EPS (diluted)$6.68+9.2%

Balance sheet

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Cash & equivalents$286.9M+17.9%
Total debt$512.7M+57.0%
Total equity$945.3M+5.5%
Total assets$4.5B+22.7%

Cash flow

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Operating cash flow$57.4M-24.2%
CapEx$1.3M-13.9%
Free cash flow$56.1M-24.4%

Valuation

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Market cap$1.09B-13.6%
Enterprise value$1.32B-2.3%
P/E9.4×+1.5×
P/S1.3×-0.1×

Profitability

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Operating margin15.7%-5.4pp
Net margin14%-3.9pp
FCF margin-6.3%-9.8pp

Returns & leverage

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Return on equity12.6%-5.5pp
Debt / equity0.5×+0.2×

Where this comes from

Reported directly by Virtus Investment Partners in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Virtus Investment Partners’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000883237-26-000048
(in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Investment management fees
Open-end funds$61,465$70,379$125,191$144,416
Closed-end funds28,81514,88149,60529,734
Retail separate accounts42,67551,81889,993106,090
Institutional accounts37,89542,39875,19485,327
Total investment management fees$170,850$179,476$339,983$365,567

Item 1. Financial Statements

FAQ

What is Virtus Investment Partners's institutional accounts — revenue?
Virtus Investment Partners (VRTS) reported institutional accounts — revenue of $37.9M in Q2 2026.
How has Virtus Investment Partners's institutional accounts — revenue changed year-over-year?
Virtus Investment Partners's institutional accounts — revenue decreased by 10.6% year-over-year, from $42.4M to $37.9M.
What is the long-term trend for Virtus Investment Partners's institutional accounts — revenue?
Over 4 years (2021 to 2025), Virtus Investment Partners's institutional accounts — revenue has grown at a 3.3% compound annual growth rate (CAGR), from $146.95M to $167.59M.
What does institutional accounts — revenue mean?
This metric represents the total revenue generated from investment management and advisory services provided to institutional clients, such as pension funds, endowments, and foundations. It reflects the firm's ability to attract and retain large-scale mandates and serves as a key indicator of the stability and scale of the institutional asset management business. Changes in this revenue stream often correlate with fluctuations in assets under management and the firm's competitive positioning within the institutional marketplace.

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